ABOUT US  |  CONTACT US  |  RSS  |  ARCHIVE  |  2024-12-18  |  UPDATED: 1403/06/01 - 19:53:2 FA | AR | PS | EN
Talibans new law bans womens voices and faces             Iranian police shut down two illegal centers affiliated with German government             All of President Pezeshkians ministerial picks win parliaments vote of confidence             Wheres Bangladesh Heading after Popular Uprising?            Western Kabul residents say Taliban has failed to ensure security after bombing             Algerian Boxer Khelif files complaint over online harassment after gender row             Federalism in Afghanistan: Opportunities and Challenges             Formation of the Federalist Assembly of Afghanistan             Israel launches missile attack on outskirts of Damascus, killing Syrian civilians             UK national scandal: 20,000 mental health patients raped, sexually assaulted in NHS care             Three US troops killed, dozens injured in drone attack in Syria             Trump says NATO will not come to rescue if US attacked             Ukraine beset by $40m fraud in arms procurement amid war with Russia            US approves sale of F-16 jets to Turkey after Ankara ratifies Swedens NATO membership             UNSC to meet to discuss ICJ ruling on Israeli genocide in Gaza            


DATE PUBLISHED: 1399/02/25 - 22:26:0
VISIT: 928
SHARE WITH YOUR FRIENDS

Trump deepens rift with Fauci on US reopening amid Fed warning


Dr. Anthony Fauci speaks as US President Donald Trump listens during the daily press briefing on the Coronavirus pandemic situation at the White House in Washington, DC, on March 17, 2020. (Photo by AFP)

US President Donald Trump says he "totally" disagrees with his top health advisor, Anthony Fauci, who warned of "serious consequences" of an early ending of coronavirus restrictions as the epidemic continues to rage across the virus-stricken country.

Trump said on Wednesday that Faucis latest call for highly cautious reopening of schools is "not acceptable."

"Were opening our country, people want it open, the schools are going to be open," said the president, who is seeking reelection in November.

Fauci has been a key advisor to Trump throughout the coronavirus pandemic that has so far infected 1,364,061 people and killed 82,246 others in the US, according to the US Centers for Disease Control and Prevention (CDC).

The CDC reported 21,467 new cases and 1,426 additional deaths on Wednesday

During a testify in Congress, Fauci warned that ending coronavirus restrictions "will trigger an outbreak that you may not be able to control."

Fauci said the move could allow the highly contagious virus to resume spreading and this "could even set you back on the road to trying to get economic recovery."

Trump has, however, been pushing to reopen the stricken economy.

"We have to open our country," Trump said. "Now, we want to do it safely, but we also want to do it as quickly as possible."

He admitted that the US is "having bedlam already in the streets."

"I totally disagree with him (Fauci) on schools," Trump added.

The coronavirus lockdown, which has hit the economy hard, has already prompted millions of Americans to register for unemployment relief in the country.

"Slow and painful economic recovery"

Federal Reserve Chair Jerome Powell gave a dire warning of the threat of a prolonged recession, saying that US economic outlook was "highly uncertain."

This caused Wall Street stocks to slump for a second straight session on Wednesday.

The Dow Jones Industrial Average sank more than 2 percent, or more than 500 points.

The S&P 500 fell 1.8 percent to 2,820.00, while the tech-rich Nasdaq Composite Index dropped 1.6 percent to 8,863.17.

Powell cautioned that widespread bankruptcies among small businesses and extended unemployment for many people remain a serious risk.

He urged Congress and the White House on Wednesday to act further to prevent long-lasting economic damage.

Powell warned that America faces a slow and painful economic recovery without additional government relief.

Powell said that Washington may need to spend beyond the nearly US$3 trillion already approved by Congress.

"Additional fiscal support could be costly, but worth it if it helps avoid long-term economic damage and leaves us with a stronger recovery," he added.

His remarks came a day after House Speaker Nancy Pelosi proposed a $3 trillion aid package that would direct money to small businesses and state and local governments.

However, Republican leaders in Congress have expressed skepticism about allowing significant more spending.

Mitch McConnell, who leads the Republicans in the Senate, said that there was "no urgency" to act.

The Trump administration also said it wants to see how previous aid packages affect the economy.

US employers cut more than 20 million jobs in April, sending the unemployment rate to 14.7%, with the many of the losses falling on poor and minority households.

 

SOURCE: PRESS TV

LINK: https://www.ansarpress.com/english/17527


TAGS:






*
*

*



SEE ALSO

European support for Israel damaging energy security on the continent, report says


US needs to lift sanctions on Irans oil for JCPOA to resume: UN chief


Shipping giants suspend journeys through Red Sea as Saudis voice concern


WFP launches emergency program to assist 600,000 Palestinians


US bans trade with 42 Chinese firms


Sanctions made Russias economy stronger: Putin


Germanys economy headed for recession amid support for Ukraine


Saudi Arabia faces budget deficit after expectations of surplus


Billionaire investor Ray Dalio says Americas growth is at risk of falling to zero


UK recession risk grows with cost-of-living crisis hitting businesses





VIEWED
MOST DISCUSSED




POLL

Modi, Merkel Discuss Afghanistan, Radicalisation And Terrorism

SEE RESULT


LAST NEWS

Sudan: The Forgotten War

Talibans new law bans womens voices and faces

Iranian police shut down two illegal centers affiliated with German government

All of President Pezeshkians ministerial picks win parliaments vote of confidence

Wheres Bangladesh Heading after Popular Uprising?

Western Kabul residents say Taliban has failed to ensure security after bombing

Algerian Boxer Khelif files complaint over online harassment after gender row

Federalism in Afghanistan: Opportunities and Challenges

Formation of the Federalist Assembly of Afghanistan

Israel launches missile attack on outskirts of Damascus, killing Syrian civilians

UK national scandal: 20,000 mental health patients raped, sexually assaulted in NHS care

Three US troops killed, dozens injured in drone attack in Syria

Trump says NATO will not come to rescue if US attacked

Ukraine beset by $40m fraud in arms procurement amid war with Russia

US approves sale of F-16 jets to Turkey after Ankara ratifies Swedens NATO membership

UNSC to meet to discuss ICJ ruling on Israeli genocide in Gaza

Taliban: Afghanistan Does Not Have Formal Border With Pakistan

Gazas major health facility collapses amid Israeli attacks: MSF

Americans to redeploy nuclear weapons in UK amid fears of WW3

Biden makes history: 1st sitting US president sued for complicity in genocide

Trump walks out of courtroom during closing arguments of Carrolls attorney

US: 3 dead in shooting at Texas apartment complex

US-UK aggression against Yemen risks expansion of war: Iran

Yemen directly hits US warship with ballistic missile

Hamas has self-reliantly opposed the three giant intelligence agencies of the world!

President Raeisi calls for UN reform, says body unable to end Gaza genocide

Pedram: The Abduction of Hazara and Tajik Women Recalls the Crimes of Abdur Rahman

Special envoys from G7 countries discuss Afghanistan in London meeting

Turkish lawmakers open debate over Swedens NATO membership

UN agency says over half a million Palestinians face catastrophic hunger in Gaza

Palestinian Islamic Jihad: Al-Maghazi operation proved defeat of Israeli regime in Gaza war

European support for Israel damaging energy security on the continent, report says

Pakistan Army Kills Seven Terrorists Near Afghan Border

Israel kills at least 190 people in Khan Younis in 24 hours

UNAMA report: 49 Hazara community members killed in Afghanistan in three months

Indias Modi inaugurates Hindu temple on site of razed mosque ahead of elections

US 2024 election: DeSantis drops out of Republican presidential race, backs Trump

Survivors of Russian charter flight crash transferred to Kabul

Irans anti-terror strikes clear message to certain recipients: Foreign Ministry

Ethnic mass killings in one Sudan city last year left up to 15,000 dead: UN report


MEDICAL NEWS


ANSAR PRESS  |  ABOUT US  |  CONTACT US  |  MOBILE VERSION  |  LINKS  |  DESIGN: Negah Network Co.
All right reserved. Use this website by mentioning the source (link) is allowed. Ԑ یی